The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-05-12

| 9pccic WhuulnR OO.lUO Olu, 1lU ASKED
U'on st'k Y'rd & F Co.'s bid, e. asked
Mem Graip& Elev. Oo100 bid, e. asked
New YORK, May 11.-Money on call
easy at 497 per cent, closed offered
at 5 per cent. Prime mercantile paper,
53G6a per cent. Sterling exchange
dull and weak at 1854 for sixty day
bills and 1851 for demand.
Bonds = Government bonds were
dull and steady to strong.
The improvement in values began
yesterday afternoon made further
progress today, and under more ex.
tended interest in the dealings the
market recorded larger sales than
have been seen for over q week past
The Baltimore and Ohio deal again
became subject Of discussion, more
especially as regarded the probability
of the Western Union becoming a
party. Assertions that such will be
the tact were plentiful and had con-
siderable IL fuence upon the market.
Western Union stock itself was un-
usually active, and the trading in it at
times attended with considerable ex-
citement. A powerful factor in the
improved feeling was the favorable re-
ports Of railrt ad earnings for the first
week in May. Many operators who
have lately held aloof from the
market were buyers today, and sew.
eral Of the leaders of the street
are reported to have changed from
the bear to the ball side. Ohicsgo
bought the grangers freely, and the
latter once more became promir ent
in the dealings. The foreigners bought
the Northern Pacific stocks and many
OF the specialities. ST. Paul and
Duluth was remarkably strong, by
reason OF the proximity Of the June
elections, when it is expected that
another attempa will be made to force
division of profits to the holders of
the common stock. The East Ten
nessees were again strong on q good
foreign demand, and among the other
specialities which showed marked
strength were Colorado Goal, Long
Island and Pullman. The opening
was somewhat irregular but generally
firm, and was followed by a quiAt
market in which there was no decided
movement in prices, although frac-
tional advances were made through
out the list during the forenoon. At
ter IL o'clock, hover, the market dis
played much more animation, West
ern Union and the graDgers' takirg
first place in the dealings. A stronger
tone WAS developed, and by 2 O'Clock
pm. advances lad been estab ished
ranging up to 2 per cent, the latter in
st. Paul and Duluth. Realizations in.
duced reaction In the last hour, but
the close was steady to firm ut frac
tional Tecessions from the highest
prices. The entire active list is higher
this evening, and st. Paul and Duluth
is up 81; Pullman, II; Western IN
ion, IL; Wheeling AID Lake Erie, 2;
Colorado Coal, II; North western, 1t
Railroad bonds also felt the stimu
lation OF the improved sentiment ON
the street and especially in the sfter-
noon developed strong and conf
dent tone accompanied by large in |
crease in the amount of business
done. Sales today aggregated $2,834,-
600, Of which Fort Worth and d snver
flrsts contributed $419 900; Nickel
Plate Trust receipts, $24l 600; Shenan.
doah Valley, general g., $238, 900, and
Mexican Central incomes, $205. 900.
Evansville and Indianapolis consols
rose A, to liz and Houston and Texas
seconds At to l10i.
The total sales of stocks today were |
269,031 shares, including Cansdi |
Southern, 1925 /; Delaware, Lacks wanna
and Western, $4,000; Lake Shore,
10 100; Louisville and Nashville, |
1910; Manhattan Consolidated, 1920;
Northwestern, 22,5l0; N rther Pacific,
$3.50; Northern Pacific preferred,
$500; Reading, 24,O3O; st. Paul, 49,
020; st, Paul and Omaha, $3.50;
Wejtern Union, 1000. Closing quota
tons:
U. s. 3s, 100. As, coup. 1923.
as, coup, HOS. Pacific IS Of 1896, 1854.
La. Stamps, As, 87h. Missouri 6s, l02
Cent. Pac. lists, 1l614. Den r, 4 G.lsts, 1lS1S.
2. ar; g. y lists. ~ Erie Eds, 1881. ,,-,
n. West. deb. 5s, 1O9A. St.L. ST., Gen.M lll16
81. Paul con, 1870. st. p. CAP. 1sts, 12lh.
Up. landgrants,63. T.P.R.G ex con. 77A.
U. z. lists, ll7%. West Shore, 1887.
Tom IS, set mt, 103. Tenn. 5s, set mt, l02
Tenn. SO, setmt, tn.
BLOCKS.
Adams Express, l4211S. Morris&E. off d, 1897.
Allegheny Cent'l,-z. Nashville L G., 881S.
Alton u I. H., 35L. N. j. Central, 8l5S
A. Il I. H.&, pfd., 70 Nor. Il W. pfd, SPA.
American Ex., l14a. Northern. Pac 90z.
3. @. r. 4 N, 50. Northern Pac. pfd ,62h
Canada Psc., g.; 9. y n, W., 1881.
Central Pacific, 40. NY. Central, 1881.
Chesapeake Il o., IA. N.Y.C,&St. i. 1877.
g. 4 9. LIST pfd, 12sz. N.Y.C.&StL, pfd, "a.
Chicago { A.. AS Ohio L Miss. sO3l.
9. 4 A. pfd, 160 0.& Miss. pfd. SO
g., b. 4 Q 1907. Ontario Vest. 1879.
e., 81. L. N. o. Oregon Nav, 1L215.
G., St; La P. ,2OA Oregon Trans. 3S4.
g. 8. 4 G.; So. Pacific Mail, 65A.
9: / B. f. valley Vail; 80. Peoria B, 4E.,s5.
Del. & Hud., 104. Pittsburg, l54.
Bon. &Rio q. s6%. Reading, l5S 81 i0'
Erie, 34A. Rock land,l3414.
Erie pfd, 1874. St.L. 4 S,F. 3S%.
New East Tenn. ,14h 81. &S.F. pfd, 79M.
NewE Tenn. pfd ,761S. St.L. &S;F.1st p, llsA.
Z ST. Jo- 6. NJ st.P..p, i2s.
Harlem, 22S. Ct. Paul 4 Omaha, 52N
Houston 4 T., 98 St.Paul d o. pfd, 116A
Illinois Central 1861. Tenn. Coal& Iron. AZ
Ind, B. W., AA. Texas Pacific, 1913
Kansas r. T. S2A Toledo 4 0.Cen. PISS.
Lake z; W 2Sh. Union ,Pacifc, slT.
Lou. & Nash, 681s. W. ISL. &P., 2l4.
Lou. Il N. A., 6l12. W.,S.L. &P., BIZ.
". Il @. LIST pfd, -. w. 4 ". Ex., 1928.
VI. * G. seconds, =. W. u. Tel, TIA
Mem. 4 Char, 6lM. Colorado Coal, 501<.
Mich, Cen. 90. Home Stake, Is.
Min. 4 st. L., 10. Iron Silver, $50.
Min. & st. L. pfd, 441l. Ontario, 2Ih.
Missouri Pacific, 1857. Quicksilver, g..
Mobile 4 Ohio, l5N. Quicksilver pfd, 32H.
". L. S. 4 w., 90. South Pacific, -.
M,L.S.& W. pfd, 11611 Sutro. q.
LONDON, May 11.-United States
ponds, A., 1917; AIS, 1121; Atlantic
md Great Yves ern frsts, 40. Bar sill
yer, 43sd per ounce. The amount OF
bullion gone into the Bank OF England
IN balance today was el4,000.
PARIS, May 11.-Three per cent.
entes, SOL SOC for the account.
BANK CLRARINas.
ST.. LOUIS, Mo-, May 1l.-Bank Clear
ngs today, $3,084, 500; balances, $780,
9O5. ....